SEC chair Jay Clayton said the move on 5 September “represents a significant accomplishment” for the industry
LCH’s new SwapAgent service has completed its first trades, facilitating an interest-rate swap and an inflation swap between Citi and Deutsche Bank
The shorter settlement timeframe also aligns these markets with the EU, which moved to a T+2 settlement cycle in 2014
CloudMargin has entered into an agreement with DTCC-Euroclear GlobalCollateral to connect with its Margin Transit Utility
Global clearinghouse LCH has introduced a new type of client account within its SwapClear service that allows buy-side clients to deliver collateral directly and retain beneficial title
US banks will have the opportunity to use a single platform, Alliance Messaging Hub (AMH), for making real-time payments through TCH
The deal allows for clearing services for listed financial and commodity derivatives for the next 10 years
